The Golden SIFCA INCORPORATED (GSI), which is involved with the processing of Oil Palm; and operating in Maryland County – Liberia, requires the professional services of the following:

Position: FINANCIAL CONTROLLER (Ref#: FIN-CON / GSI – 001-20)

Persons Needed: One (1)

Duty Station: Golden SIFCA Mill, Gbolobo, Pleebo-Sodoken District, Maryland County

Duration: INDEFINITE / PERMANENT

Application Deadline: 16 November – 7 December 2020 @ 4:00PM

Mission: To efficiently carry out the following:

Communicate operational results on a monthly basis to Management Team via Management Reports, as well as to external partners through electronic reporting package. Formulate appropriate financial and investment policies for the company.

Scope: Presentation of good forecast of company’s operations to management; the effective and efficient implementation of both short and long term objectives as well as communications of operational results to all stakeholders.

In accordance with the above, the professional FINANCIAL CONTROLLER shall assume the following General and Technical competencies in the points below:

General + Technical Competencies of FINANCIAL CONTROLLER:-

(MA being Main Action)

MA # 1. Advise the Management on the formulation of appropriate financial and investment policies of the company (Cash Management and Forecast) :-

1. Plan & project the monthly cash requirements of the company and transfer funds to banks as appropriate ;
2. Authorize expenditure vouchers before checks are written ;
3. Prepare cash forecast to throw light on the trend and financial needs of the company ;
4. Discuss appropriate rates with banks and invest surplus funds if any, on short term basis ;
5. Solicit for short and medium term loans to augment company’s finances,
6. Negotiate all conversions of our foreign currencies with the banks into the local dollars.

MA # 2. Ensure that a comprehensive business plan is developed and updated on an annual basis:-

1. Ensure that preparation of the company’s business plan is in line with corporate policy ;
2. Ensure that the full integration of capital expenditure is consistent with future policy of the company ;
3. Test the accuracy of the financial information whether sources of income are completely covered and expenditure complies with statutory requirements.

MA # 3: Establish a collation of all divisional and departmental budget estimates and ensure preparation of a master operating and capital budget for presentation to higher management :-

• 1. Ensure that reasonable estimates have been received from respective departmental heads ;
  2. Ensure that monthly budgets are prepared to be compatible with monthly expenditure ;
  3. Validate the master budget by comparing estimates with actual expenditure of the previous year and analyze whether it is meaningful ;
  4. Submit the budget to Top Management and ensure it is properly defended at board summits ;
  5. Ensure a monthly budget control is submitted and presented at management meeting by highlighting major variances with possible explanation before sending to principals.

MA # 4: Develop internal control systems and accounting procedures to ensure proper recording of all accounting transactions within the company:-

• 1. 1. Assess the staffing requirement, their quality and training needs ;
     2. Identify improvement areas ;
     3. Institute proper internal control measures to either prevent or completely eliminate fraud.

MA # 5: Oversee the preparation of the entire payroll system and make sure it is in line with social and legal requirements:-

1. Ensure payments are effected at the appropriate time ;
2. Ensure that all legal, statutory and other financial obligations are discharged ;
3. Effect the filling of returns to the tax authorities on behalf of the expatriate staff.

MA # 6: Assess the corporate tax payable and effect payment within the year in line with internal revenue provisions:-

1. Compute the self assessment of the company ;
2. Ensure appropriate payment of quarterly installments ;
3. Ensure provisional payment of annual tax of not less than 90% of the total tax payable ; after the accounts are audited (paid in December) to avoid penalties ;
4. Compute capital allowance to be enjoyed by the company ;
5. Submit and file annual returns on behalf of the company ;
6. Ensure that tax audit is carried out at least after every two or three years.

MA # 7: Ensure that the appropriate withholding is deducted and value added paid on all transactions:-

1. Ensure VAT Audit is carried out every year &
2. Ensure any excess VAT is recovered.

Required Characteristics:

Strategist, Dedicated, High level of integrity, Analytical, Confident, Good coordinator, Innovative and Creative & High level of confidentiality.

Required Competencies:

Controlling, Good analytical skills, Good knowledge of SUN Accounting & Microsoft Excel / Any

Accounting Software, Ability to work under pressure, Attention to detail & Time management.

Required Behavioral Work Pattern:

Good interpersonal relationship, Good team-player, Good communicative & interpersonal skills,

Good leadership skills and ability to motivate team to achieve results.

REQUIREMENTS FOR APPLICATION

Internal: First Degree in Accounting / Commerce + MBA in Finance

or its equivalence + Minimum of 10 years post qualification experience.

External: First Degree in Accounting / Commerce + MBA in Finance

or its equivalence + Minimum of 15 years post qualification experience.

ALL INTERESTED CANDIDATES CAN ATTACH COVER LETTERS, RESUMES, CVs & CREDENTIALS VIA EMAIL TO: gsihr20@gmail.com in accordance with mentioned deadline. Or apply through the system below.

Signed: GSI – HR Section